[ad_1]
Local stocks held together at the end of yesterday's session, boosted by the return to green of some of the top stocks in the real estate sector and banks, despite persistent losses from the rest of the region following the intensification of trade tensions between China and the United States.
The Dubai market fell by 0.1% or 2.85 points to close at 2796.98 points under the pressure of banking, investment and transportation shares, while the Abu Dhabi market retreated than 0.04%, or 2.18 points, to close at 5080.97 points due to the fall in shares of banks and telecoms.
Total liquidity amounted to 419.4 million AED, of which 229.8 million in Dubai and 189.58 million in Abu Dhabi. A total of 206.6 million shares were traded, including 157.3 million in Dubai and 49.34 million in Abu Dhabi, in the form of 5958 transactions.
Brokers in the market have declared "economic statement", that the local markets yesterday received support from the main shares of the real estate sector and that investors bought them after the significant price decline in previous sessions, stressing that the markets had managed to reduce losses despite the continued decline in other markets in the region. Due to the escalation of the world trade war.
Dubai Market
Dubai's losses were reduced by an increase of 0.87%, with Emaar Properties up 2.37%, Union Properties up 0.29% and Emaar Development down 3.12%. The banking sector also fell by 0.64%, Emirates NBD down 0.87% and Dubai Islamic Bank down 0.58%.
The investment sector fell by 1.39% with "Dubai Investments" by 2.24% and "Shuaa" by 0.21%, while "Dubai market" shares (Dubai market) lost about 0.88%. The transportation sector fell 0.39%, with Aramex losing 1.39%, despite increases of 0.89% for Air Arabia and 1.77% for Gulf Navigation.
"Emaar Properties" dominated the market with a business turnover of 67.7 million from AED to close at 5.18 AED. Shares "Emaar Properties" increased, while "Al Salam Bank" lost 8.18% to 1.01 AED.
Abu Dhabi Market
In the Abu Dhabi market, the real estate sector grew by 3.86% with "Aldar Properties" by 4.11% and the energy sector by 0.2% with the rise of "Dana Gas' 0.98% and the stability of 'TAQA', while 'ADNOC Distribution' of 1.1%. The telecommunications sector fell by 0.62%, that of Etisalat by 0.21%, that of the Commercial Bank of Abu Dhabi by 1.51% and that of the Islamic Sharjah by 2%, 56%, that of Abu Dhabi First of 0.13% and that of Islamic of Abu Dhabi stabilized. . The Abu Dhabi Commercial Bank was the most active with a turnover of 39.32 million AED to close at 8.5 AED. "Aldar Properties" was the main winner, while "Bank of Sharjah" fell 9.93%, to settle at 0.78 AED.
NASDAQ
The FTSE Nasdaq Dubai 20 index lost 0.06%, or 1.92 points, to close at 3,223.35 points, after trading 974,900 shares worth $ 5.7 million through 600 transactions.
foreigners
Arab and domestic investors tended to buy, with a net investment of AED 50.9 million, of which 47.8 million for citizens and 3.03 million for Arabs, while foreign traders and GCC countries trend to sell, with a net investment of AED 50.9 million, distributed between EUR 41.9 million and foreign investors and USD 8.98 million to Gulf investors.
The disclosures
The Board of Directors of Arabtec Holding will meet tomorrow to approve the interim consolidated financial statements for the period ending June 30th.
Abu Dhabi National Hotels (ADNH) recorded a 2% rise in profits to 144.7 million AED in the first half of 2019, compared to 141.7 million in the same period in 2018.
The SHUAA Capital Board of Directors has decided to hold its meeting tomorrow to approve the financial statements for the period ending June 30th.
The national energy company of Abu Dhabi (TAQA) announced the opening of candidatures to the board of directors from August 5th to 25th.
RAK Cement reported net income of 1.4 million AED in the first half of 2019, compared to a net profit of 6.9 million for the same period in 2018.
Umm Al Quwain General Investments recorded a 30% rise in profit in the first half, to AED 21.39 million, compared to AED 16.47 million for the corresponding period of 2018.
Wednesday, August 7, 2019
Local stocks held together at the end of yesterday's session, boosted by the return to green of some of the top stocks in the real estate sector and banks, despite persistent losses from the rest of the region following the intensification of trade tensions between China and the United States.
The Dubai market fell by 0.1% or 2.85 points to close at 2796.98 points under the pressure of banking, investment and transportation shares, while the Abu Dhabi market retreated than 0.04%, or 2.18 points, to close at 5080.97 points due to the fall in shares of banks and telecoms.
Total liquidity amounted to 419.4 million AED, of which 229.8 million in Dubai and 189.58 million in Abu Dhabi. A total of 206.6 million shares were traded, including 157.3 million in Dubai and 49.34 million in Abu Dhabi, in the form of 5958 transactions.
Brokers in the market have declared "economic statement", that the local markets yesterday received support from the main shares of the real estate sector and that investors bought them after the significant price decline in previous sessions, stressing that the markets had managed to reduce losses despite the continued decline in other markets in the region. Due to the escalation of the world trade war.
Dubai Market
Dubai's losses were reduced by an increase of 0.87%, with Emaar Properties up 2.37%, Union Properties up 0.29% and Emaar Development down 3.12%. The banking sector also fell by 0.64%, Emirates NBD down 0.87% and Dubai Islamic Bank down 0.58%.
The investment sector fell by 1.39% with "Dubai Investments" by 2.24% and "Shuaa" by 0.21%, while "Dubai market" shares (Dubai market) lost about 0.88%. The transportation sector fell 0.39%, with Aramex losing 1.39%, despite increases of 0.89% for Air Arabia and 1.77% for Gulf Navigation.
"Emaar Properties" dominated the market with a business turnover of 67.7 million from AED to close at 5.18 AED. Shares "Emaar Properties" increased, while "Al Salam Bank" lost 8.18% to 1.01 AED.
Abu Dhabi Market
In the Abu Dhabi market, the real estate sector grew by 3.86% with "Aldar Properties" by 4.11% and the energy sector by 0.2% with the rise of "Dana Gas' 0.98% and the stability of 'TAQA', while 'ADNOC Distribution' of 1.1%. The telecommunications sector fell by 0.62%, that of Etisalat by 0.21%, that of the Commercial Bank of Abu Dhabi by 1.51% and that of the Islamic Sharjah by 2%, 56%, that of Abu Dhabi First of 0.13% and that of Islamic of Abu Dhabi stabilized. . The Abu Dhabi Commercial Bank was the most active with a turnover of 39.32 million AED to close at 8.5 AED. "Aldar Properties" was the main winner, while "Bank of Sharjah" fell 9.93%, to settle at 0.78 AED.
NASDAQ
The FTSE Nasdaq Dubai 20 index lost 0.06%, or 1.92 points, to close at 3,223.35 points, after trading 974,900 shares worth $ 5.7 million through 600 transactions.
foreigners
Arab and domestic investors tended to buy, with a net investment of AED 50.9 million, of which 47.8 million for citizens and 3.03 million for Arabs, while foreign traders and GCC countries trend to sell, with a net investment of AED 50.9 million, distributed between EUR 41.9 million and foreign investors and USD 8.98 million to Gulf investors.
The disclosures
The Board of Directors of Arabtec Holding will meet tomorrow to approve the interim consolidated financial statements for the period ending June 30th.
Abu Dhabi National Hotels (ADNH) recorded a 2% rise in profits to 144.7 million AED in the first half of 2019, compared to 141.7 million in the same period in 2018.
The SHUAA Capital Board of Directors has decided to hold its meeting tomorrow to approve the financial statements for the period ending June 30th.
The national energy company of Abu Dhabi (TAQA) announced the opening of candidatures to the board of directors from August 5th to 25th.
RAK Cement reported net income of 1.4 million AED in the first half of 2019, compared to a net profit of 6.9 million for the same period in 2018.
Umm Al Quwain General Investments recorded a 30% rise in profit in the first half, to AED 21.39 million, compared to AED 16.47 million for the corresponding period of 2018.
[ad_2]
Source link
